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Bill
Uranium Project
Urenco Signs Uranium Deal With EDF
Urenco has entered a long-term agreement with EDF to provide uranium enrichment services for nuclear power plants in France and the UK. The 15-year contract, va…
China
COFCO Has Signed Multi-Billion Dollar Deals to Purchase Brazilian Soybeans and Edible Oils
COFCO’s oilseeds division announced the signing of agreements to acquire nearly 20 million tonnes of Brazilian agricultural products, including soybeans, …
Australia
La Trobe Launches $3.26bn Master Plan for University City Initiative
La Trobe University has unveiled a A$5 billion ($3.26 billion) master plan to transform its 255-hectare Bundoora campus in Melbourne’s northern suburbs. T…
South Korea
Lotte Chemical Sells 75% Stake in Pakistani Subsidiary for $69 Million
South Korea’s Lotte Chemical said on Thursday that it has sold about 75% of its stake in its Pakistani subsidiary to Dubai-based PTA Global Holding for 98…
Combined cycle power plant
Blackstone to Invest $1.2 Billion in Power Generation Facility in West Virginia
Blackstone said on Thursday that one of its units will invest about $1.2 billion to build a new power plant in West Virginia. The announcement reflects the asse…
Oil Pipeline
Nigeria’s Dangote Plans $1 Billion Investments in Zimbabwe
Nigeria’s Dangote Group will invest at least $1 billion in Zimbabwe to develop a pipeline, power generation facilities, and a cement plant, founder and CE…
United States
AMD Expects Profit to Triple by 2030, Data Center Chip Market to Grow to $1 Trillion
Advanced Micro Devices (AMD) announced on Tuesday that it expects annual data center chip revenue to reach $100 billion within the next five years, with earning…
United States
Meta Plans $600 Billion US Spend as AI Data Centers Expand
Meta Platforms (META.O) announced on Friday that it plans to invest $600 billion in U.S. infrastructure and job creation over the next three years, with a major…
Indonesia
Indonesia Blocks Illegal CPO Export Worth Rp 28.7 Billion
Indonesia’s Finance Ministry and National Police have intercepted an illegal export attempt involving crude palm oil derivatives valued at Rp 28.7 billion…
Hydrogen Fuel Cell
Hyundai Motor Breaks Ground on Hydrogen Fuel Cell Facility in South Korea
Hyundai Motor Company, part of South Korea’s Hyundai Motor Group (HMG), has held a groundbreaking ceremony for its new hydrogen fuel cell production plant…
United Arab Emirates
Ta’Ziz Signs $2BN Deal to Build One of World’s Largest PVC Plants in UAE
Abu Dhabi-based Ta’ziz has awarded a $1.99 billion contract to China National Chemical Engineering and Construction Corporation Seven (CC7) to build the U…
United States
Amazon’s $38 Billion OpenAI Deal Shows It Is No Longer an AI Laggard
Amazon’s $38 billion cloud agreement with OpenAI marks a major milestone for the company’s cloud computing division, Amazon Web Services (AWS), following rece…
Electric Vehicle Battery
Samsung SDI in Talks With Tesla to Supply Energy Storage Batteries, Shares Soar
South Korea’s Samsung SDI announced on Tuesday that it is in discussions with Tesla to supply energy storage batteries, in a deal estimated by local media…
Wind Farm
Orsted Sells 50% Stake in UK Wind Farm for $6 Billion to Apollo
Denmark’s Orsted (ORSTED.CO) announced on Monday that it has agreed to sell a 50% stake in the Hornsea 3 offshore wind farm in the United Kingdom to Apoll…
Metal
Canada to Accelerate Critical Mineral Projects Worth $4.6 Billion, Energy Minister Says
Canada announced on Friday that it will accelerate mining projects worth C$6.4 billion ($4.6 billion) under the Critical Minerals Production Alliance, according…
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